Property Description
SECURE INCOME STREAM
- Rare Absolute NNN Lease with Zero Landlord Responsibilities and 2% Annual Increases Throughout Term
- Recently Extended 10-Years, 20+ Year Operating History
- O’Reilly Generates Additional Income from Sublease to Wheel Works, Increasing Long-Term Viability of Location
- Investment Grade Credit Rated Tenant, ‘BBB’ by S&P
- $14.41 Billion Revenue in 2022, 8% Increase Over 2021
- O’Reilly has Reported 30 Consecutive Years of Comparable Store Sales Growth
PROXIMITY
- Excellent Access and Visibility to 51,500 VPD Along Main Retail Corridor
- Outparcel to Woodside Central Plaza, a 191,000 SF Target and Marshalls Anchored Power Center
- Minutes to Stanford University with 24,916 Students and 17,081 Employees
- Infill Trade Area with 270,504 Residents and an Average Household Income of $221,000 in 5-Mile Radius
- Just Off Highway 101 with 227,510 VPD, Direct Access to San Francisco (28 Miles) and San Jose (24 Miles)
- Redwood City is the Third Largest in San Mateo County, Located in the Heart of Silicon Valley
